🎄 This holiday season, give yourself the gift of simplicity with our Sample Lease Template—designed to untangle the complexities of lease agreements and bring clarity and efficiency to your work. Created in partnership with legal experts at Levitt Di Lella Duggan & Chaplick LLP, our template uses plain language, meets all legislative requirements, and can be tailored for market or rent-geared-to-income tenants. ✨ Get it at the ONPHA store today and make your leasing process merry and bright! https://lnkd.in/g7sb9CMi #CommunityHousing #LeasingMadeEasy #AffordableHousing #HousingProviders
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Did you know there's an unspoken 'silent agreement' between landlords and tenants? Respect, responsibility, and communication are the keys to avoiding disputes. But what happens when these expectations clash? Let’s debunk the myths and uncover the realities behind lease agreements. What’s one misconception you’ve come across in landlord-tenant relationships? Share your thoughts! 👇 #LandlordTenantLaw #LegalInsights #MythBusting
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Lease termination is a critical aspect of renting property, carrying significant implications for both landlords and tenants. For tenants, understanding the process ensures they can end their tenancy legally and avoid potential penalties. It allows them to plan their next steps with clarity and certainty. For landlords, proper handling of lease terminations ensures compliance with legal requirements, protects their property investment, and facilitates a smooth transition between tenants. Clear communication, adherence to lease terms, and timely notice are essential to mitigate misunderstandings and disputes. Ultimately, lease termination marks a pivotal moment in the landlord-tenant relationship, shaping the future of the property and its occupants. #RealEstate #PropertyManagement #LandlordTips #TenantRights #LeaseAgreements #LeaseTermination #MovingOut #EndingATenancy #LandlordTenantLaw #TenantRights
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What happens to your rental deposit at the end of your lease? As a landlord or tenant, the return of your deposit can be a source of stress if not handled correctly. In terms of the Rental Housing Act, landlords are legally bound to return deposits, with specific timeframes based on whether damage has occurred and whether the tenant attended the final inspection. In this video, I break down the key rights and responsibilities around deposit returns—so you know exactly where you stand. If you've ever had a deposit dispute or want to ensure you handle it right next time, don't miss this. Watch the full video for expert insights. #PropertyLaw #RentalDeposit #LandlordTips #TenantRights #SDLaw #LegalAdvice
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Be knowledgeable of the legal aspects of leasing! Using the correct legal documents is crucial for leasing agents to safeguard both landlords and tenants. The lease agreement should cover rental terms, rent amounts, due dates, security deposit handling, maintenance duties, and eviction procedures. Proper execution of these documents is key in protecting clients from potential lawsuits. Understanding landlord-tenant laws is essential for leasing agents to ensure successful rental transactions. This knowledge enables agents to provide accurate advice, act ethically, and comply with the law. For example, familiarity with rent control rules allows agents to guide clients on rent limits, while knowledge of fair housing laws helps prevent discrimination. This expertise is vital for addressing tenant complaints, fulfilling legal obligations, and fostering positive relationships with landlords and tenants. #Leasing #LegalAspects #RealEstate #PropertyManagement #Compliance
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🏢 Victory for Landlords in Rent Deregulation Case 🏬 📜 A significant win by the Kucker Marino Winiarsky & Bittens, LLP legal team in New York Supreme Court addressing a tenant's challenge to the deregulation of their apartment. The tenant alleged insufficient improvements and sought records beyond the four-year look-back period limiting rent overcharge claims. Key Takeaways 🔑 1. Tenants Must Provide Proof: This ruling confirms that tenants cannot merely allege inadequate improvements to extend the look-back period. They must present credible evidence of a fraudulent scheme to deregulate the premises. 🔍 2. Protection Against Unfounded Claims: The court ruled that even in regulatory status challenges, tenants must show fraudulent intent before landlords' records can be reviewed beyond four years. 🛡️ 🏙️⚖️This decision sets an important precedent, reinforcing protections for developers and landlords ensuring the industry is not burdened by unfounded claims concerning past construction 🔨📈 For more details, see the link to the decision below: https://lnkd.in/ewe3iqaM #LandlordRights #RealEstate #LegalVictory #NYCRealEstate #RentRegulation
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Break clauses in commercial leases provide an essential flexibility tool for both landlords and tenants, but they require careful handling to avoid costly disputes. Our latest blog, by Director and Head of Corporate, Jamie Connolly, explores the rights and obligations surrounding break clauses, from notice periods and compliance to common pitfalls and how to avoid them. Whether you're considering exercising a break clause or drafting a lease, understanding these nuances is critical. 👉 Read the blog: https://bit.ly/3OY29et Need tailored advice? Our commercial property team is here to guide you. #CommercialLeases #BreakClause #PropertyLaw #LegalSupport
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Attention all landlords and tenants! 🏠✍️ In the realm of renting, clarity is key. To steer clear of unnecessary disputes and safeguard your interests, ensure you have a meticulously crafted lease agreement in place. A well-drafted lease serves as your strongest shield against misunderstandings, outlining rights, responsibilities, and expectations for both parties involved. Key terms to include in your lease agreement: 1. Clear identification of the parties involved (landlord and tenant). 2. Description of the property being leased, including any amenities or restrictions. 3. Duration of the lease and conditions for renewal or termination. 4. Rent amount, due dates, and acceptable methods of payment. 5. Security deposit details, including conditions for its return. 6. Maintenance responsibilities for both parties. 7. Rules regarding subleasing, if applicable. 8. Procedures for resolving disputes and default. Don't leave anything to chance – invest in a solid foundation for a harmonious landlord-tenant relationship. What’s been your experience? #LandlordTenantDisputes #LegalTip #PropertyLaw #LeaseAgreement #LandlordTenant #LegalProtection"
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Sound advice for commercial tenants in this article by Matt Loven of Maslon LLP’s terrific real estate group!
Commercial tenants are likely to encounter the common triple net (NNN) lease; however, without negotiating more favorable terms, they risk accepting an agreement that favors landlords. Real estate attorney Matt Loven explains how commercial tenants can mitigate risks in this article for the Association of Corporate Counsel. Read it here: https://lnkd.in/gihkGXfe
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🤯 As a landlord, enforcing the lease can feel straight-up painful. Most people aren't built for the stress of dealing with the lease. Sending violation notices, filing for evictions - it weighs heavy, emotionally if mishandled. But what if you had an expert handling this for you? As your property manager, upholding the lease terms is my backbone. 👇 Tag a landlord who needs this burden lifted! I'll be their ambassador, enforcing the lease professionally and properly. #landlords #propertymanagers #leaseenforcement
Emotionally stress lifted! #propertymanager #leaseeforcement #landlord
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🤯 As a landlord, enforcing the lease can feel straight-up painful. Most people aren't built for the stress of dealing with the lease. Sending violation notices, filing for evictions - it weighs heavy, emotionally if mishandled. But what if you had an expert handling this for you? As your property manager, upholding the lease terms is my backbone. 👇 Tag a landlord who needs this burden lifted! I'll be their ambassador, enforcing the lease professionally and properly. #landlords #propertymanagers #leaseenforcement
Emotionally stress lifted! #propertymanager #leaseeforcement #landlord
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